J.W. Cole Advisors Inc. Purchases 15,996 Shares of BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ)

J.W. Cole Advisors Inc. lifted its position in BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ) by 8.6% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 202,369 shares of the financial services provider’s stock after purchasing an additional 15,996 shares during the quarter. J.W. Cole Advisors Inc. owned about 0.37% of BlackRock MuniHoldings New Jersey Quality Fund worth $2,305,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Karpus Management Inc. purchased a new position in shares of BlackRock MuniHoldings New Jersey Quality Fund during the fourth quarter worth about $3,460,000. Robinson Capital Management LLC grew its stake in BlackRock MuniHoldings New Jersey Quality Fund by 30.7% in the 1st quarter. Robinson Capital Management LLC now owns 346,333 shares of the financial services provider’s stock worth $3,862,000 after buying an additional 81,384 shares in the last quarter. Breakwater Capital Group increased its holdings in shares of BlackRock MuniHoldings New Jersey Quality Fund by 180.8% in the 1st quarter. Breakwater Capital Group now owns 65,954 shares of the financial services provider’s stock worth $767,000 after buying an additional 42,462 shares during the last quarter. TIAA Trust National Association purchased a new stake in shares of BlackRock MuniHoldings New Jersey Quality Fund during the 2nd quarter valued at $439,000. Finally, Pine Valley Investments Ltd Liability Co bought a new stake in shares of BlackRock MuniHoldings New Jersey Quality Fund during the 4th quarter worth $258,000. Hedge funds and other institutional investors own 15.13% of the company’s stock.

BlackRock MuniHoldings New Jersey Quality Fund Price Performance

MUJ opened at $12.14 on Friday. The business’s fifty day simple moving average is $11.74 and its 200 day simple moving average is $11.48. BlackRock MuniHoldings New Jersey Quality Fund, Inc. has a 52 week low of $9.73 and a 52 week high of $12.18.

BlackRock MuniHoldings New Jersey Quality Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, October 1st. Investors of record on Monday, September 16th will be issued a dividend of $0.05 per share. The ex-dividend date of this dividend is Monday, September 16th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.94%.

BlackRock MuniHoldings New Jersey Quality Fund Company Profile

BlackRock MuniHoldings New Jersey Quality Fund, Inc is a close ended fixed income mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in the fixed income markets of United States. The fund invests primarily in long-term, investment grade municipal obligations exempt from federal income taxes and New Jersey personal income taxes.